Gift an immovable property

This query is : Resolved 

17 June 2015 Can a Private Limited Company Gift an Immovable Property to another Private limited company. If yes, Please guide me about the procedure.
and also describe if any restrictions.

19 June 2015 Dear Nitin, a company being a person in eyes of law can always gift properties. While gifting immovable properties the company needs to comply with section 180 of the 2013 Act.



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